Why is platinum so valuable quora? Currently platinum costs $1,024 an ounce, ,whereas gold costs $1,826 an ounce. Furthermore, platinum is expensive because there’s a lot of demand for it in the auto industry as a catalyst in catalytic converters, plus other uses in the electronics industry.
Why is platinum considered so valuable? Platinum is considered the heaviest/densest precious metal (approximately 5% heavier than gold). This rare metal has the capacity to withstand to reactions better than gold or silver. It is also is more scratch resistant than gold or silver.
Why is platinum so rare on Earth? Because of its scarcity in Earth’s crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity. Platinum is one of the least reactive metals.
Is platinum worth owning? Platinum offers a unique investment opportunity, with strong merits to consider: … Platinum’s precious underpin offers a low-risk entry for investors looking to buy into this investment asset. Platinum has a low correlation to the performance of traditional assets and performs well during periods of economic recovery.
Why is platinum so valuable quora? – Related Questions
What is the most valuable cherished teddies?
The most popular signature to have or want on your Cherished Teddies figurine is that of creator and artist, Priscilla Hillman. Her signature will add the most value.
How to know if your star dollar is valuable?
Generally, the more unique the serial number on your dollar bill, the more likely it is to be worth more than face value. Some examples of uniqueness include repeating numbers, numbers with a star after them and sequences (such as 12345678).
Are placement tests valuable to community colleges?
Community colleges — most of which admit all students with a high school degree — tend to rely on these tests because their entering students can have very different skill levels. Colleges use placement tests to check the academic skill levels of entering students.
How to hide valuable in house?
Cereal boxes, packets of pasta and toy boxes are the best places to hide valuables in your home, a panel of former burglars have revealed.
What is phylogenetic diversity and why is it valuable?
Phylogenetic diversity (PD), a measurement of the branch lengths in a phylogenetic tree, is a better measure of biodiversity that provides a comparable, evolutionary measure of biodiversity not possible with species counts. Despite its advantages, PD is rarely used as the primary measure of biodiversity.
Are any 2000 pennies valuable?
Most 2000 Lincoln pennies aren’t valuable. However these pennies can sell for a premium in uncirculated condition.
Are there any mercury dimes that are valuable?
Those in very good condition are worth $2.79 to $17, while you need to pay approximately $3.32 to $29 for those in fine condition. A few dates are worth more: 1916 D costs $1,107 in a good, $1,672 in very good, and $2,892 in fine condition.
Is apple the most valuable company in the world?
Apple was the first company to reach a $1 trillion and $2 trillion market cap. It became the world’s most valuable publicly traded company when it surpassed state oil giant Saudi Aramco in market cap last year. Microsoft last topped Apple in market cap in 2020 as the coronavirus pandemic wreaked havoc on supply chains.
What is the synonym for something valuable?
In this page you can discover 49 synonyms, antonyms, idiomatic expressions, and related words for valuable, like: precious, worthy, useful, marketable, cherished, helpful, garbage, priceless, asset, treasured and invaluable.
Is a pearl or diamond more valuable?
In general, since the majority of pearls are cultured pearls, you may find they are not as expensive as a lot of diamonds. However, natural pearls are exceptionally rare and worth more than many diamonds on the market.
How to find valuable pokemon cards?
The black symbol in the bottom corner of a Pokemon card denotes its rarity: a circle is common, a diamond is uncommon, and a star is rare. Traditionally the star is black, but a card with a star of an alternate color such as white or gold means it’s ultra rare. Card image courtesy of PKMNcards.com.
Which peter rabbit 50p coins are valuable?
According to this, the most valuable of the Beatrix Potter coins is actually the Jemima Puddle-Duck design, which fetched an average of £12.00 over the nine most recent completed eBay sales up to mid-January.
What makes palladium valuable?
Explained: Why palladium is more precious than gold or platinum; its uses. The soft silvery-white palladium, which trades for over 50 percent the price of gold, is a critical element in helping to clean up emissions of cars and also an big part of hydrogen fuel cells. Currently, its demand far outstrips supply.
Are golliwogs valuable?
In 1908 Steiff became the first company to mass produce and distribute Golliwog dolls. Today, these early Steiff dolls sell for $10,000 to $15,000 each, making them the most expensive Golliwog collectibles.
Why computer log files are valuable to the forensic investigator?
Log files are an important source of digital forensic evidence because they usually connect events to points in time [26]. Indeed, log file data can be used to investigate network anomalies due to insider threats, data leaks and misuse of IT assets [12]. Log files can help identify network intruders [27].
Why is the us dollar valuable?
The relative strength of the U.S. economy supports the value of the dollar. It’s the reason the dollar is the most powerful currency. As of 2018, the U.S. had $1,671 billion in circulation. As much as half that value is estimated to be in circulation abroad.
What is the most valuable type of diamond?
Red diamonds are the rarest and some of the most expensive in the world. Also known as Fancy Reds, they come in a variety of shades ranging from orange-red to brownish red. Majority of the world’s red diamonds come from the Argyle Diamond Mine in Australia.
What is the valuable penny?
The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.
What is the most valuable picture?
Peter Lik’s Phantom photo was sold for an unprecedented $6.5 million and is the most expensive photograph in history.
What makes a koi fish valuable?
The best koi have a good balance of colors and patterns according to their variety. For example, there are koi with light blue spots, ones with large red patches on their backs, or all-metallic gold. But the most winning fish often just boil down to these three varieties. They’re often the most valuable.
Is autocad a valuable skill?
AUTOCAD is a very important drafting software for Mechnaical / Civil / Architectural & other engineering branches as well. It has become the basic, for construction industry, manufacturing industry, designing industry. Due to its accuracy it is used worldwide.